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5 Replies Last post: Feb 18, 2009 5:43 PM by BizSolutions

need financing

Feb 18, 2009 7:04 AM

Click to view royaltoa's profile Professional royaltoa 3 posts since
Feb 18, 2009
I need more money to finance my restaurant. I am about to open and i need more money to purchase a van, delivery vehicle, and finance some other miscellenous.
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Click to view amspcs's profile Mogul amspcs 514 posts since
Oct 18, 2007
1. Re: need financing Feb 18, 2009 7:41 AM
Please provide your email address and we'll discuss it.
Good luck.
AMSPCS
amspcs@juno.com
Click to view royaltoa's profile Professional royaltoa 3 posts since
Feb 18, 2009
2. Re: need financing Feb 18, 2009 8:15 AM
in response to: amspcs
My email is alpharheed@yahoo.com. my business is a restaurant. it called taste of afrika. we cook afrikan, jamaican and continental dishes. its located in riverdale road,college park.i opened april last year but have to close due to some improvements i need to make as per health inspectors requirement (change ceiling,new freezer,commercial range, tile in kichent ect.. i already have my menu with tasty and delicous meals and great customers too my website is www.myspace.com/tasteofafrika. i need about $15000 to get back to business again, and also purchase a van for catering service and deliveries. i am currently working to get this money,but its moving too slow due to bills.
Click to view royaltoa's profile Professional royaltoa 3 posts since
Feb 18, 2009
3. Re: need financing Feb 18, 2009 8:17 AM
in response to: royaltoa
just to let you know, my personal credit is bad now.
Click to view bmt2008's profile Mogul bmt2008 305 posts since
Jul 30, 2008
4. Re: need financing Feb 18, 2009 9:26 AM
Not sure if you will be able to get working capital funding prior to opening - especailly with bad credit but you may be able to lease the equipment you need - even with bad credit.

Once your business is open, I assume you will take credit cards as payments - you may (after 4 + months) quailfy for a business cash advance. This is not a loan but an advance against future credit card reciepts.

Other options now beside leasing the van and delivery vehicle would be:

Find a local partner who has money.
Use your existing equipment (equipment that you own) - sell that equipment to a leasing company for CASH - then lease the equipment back.
Use your personal credit cards or personal assets as collateral.

Just some thoughts

Business Money Today
www.businessmoneytoday.com
Click to view BizSolutions's profile Mogul BizSolutions 63 posts since
Jan 11, 2009
5. Re: need financing Feb 18, 2009 5:43 PM
hi

Please email me and maybe we can offer some solutions for you.

Monique@accuratefinancial.info

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